AI chipmaker Cerebras Systems’ stock plunges, despite posting solid earnings and guidance

Source: SiliconANGLE News· Mike Wheatley· August 13, 2026

Chipmaker Cerebras Systems Inc. boosted its full-year guidance after beating expectations on earnings and “core” revenue as it published its second-quarter results today, but its stock tumbled more than 17% in extended trading. The company reported an adjuste…

This story was reported by SiliconANGLE News. Read the full original article:

Read on SiliconANGLE News

More in Business & Funding

View all

CoreWeave Signals Sunny Skies for AI Infrastructure

CoreWeave Signals Sunny Skies for AI Infrastructure CoreWeave’s revenue rose 112% to $2.6 billion, and the company juiced its sales outlook for the year to as much as $13.2 billion. Sign up for smart news, insights, and analysis on the biggest financial stori…

Biztoc.com · Aug 13, 2026

Q1 results: ABREL, Godrej, JSW Cement, FirstCry, and 693 more on Aug 13

Q1FY27 company results: Firms including Jubilant Foodworks, Brigade Enterprises, CESC, DCM Shriram Industries, and Dev Information Technology are also to release their April-June earnings today

Business Standard · Aug 13, 2026

Walmart Adds Search Keyword Exclusions; Hydration Breaks Forever

Walmart is providing negative keyword exclusion for its search advertising. Plus: As FIFA and broadcasters divvy up sports rights, there may be temptation to shift revenue models to emulate the "hydration-break" ad monetization seen in this year's World Cup. …

AdExchanger · Aug 13, 2026

Chinese memory breaks into top three for the first time, but with a catch

YMTC breaks into the global NAND top three for the first time, hitting 14% shipment share in Q2 2026 as it edges out Kioxia, albeit revenue share lag behind volume share.

Notebookcheck.net · Aug 13, 2026